Irish households and businesses may have one more year of lower bills as wholesale electricity falls  

Wholesale prices electricity suppliers pay power generators are expected to fall by an average of 14% through the early part of next year, analyst predicts

Cornwall Insight: 'News is positive for both households and businesses, with the trickle-down of lower power prices potentially leading to cuts in energy bills.'

Irish households and businesses can likely look forward to one more year of lower electricity bills thanks to declines in wholesale gas prices, a leading energy consultant has predicted. 

In the latest quarterly outlook, Lisa Foley, principal consultant at Cornwall Insight, said the wholesale prices electricity suppliers pay power generators are expected to fall by an average of 14% through the early part of next year.